Posts Tagged ‘ closing costs ’

refinance offer – pls. help evaluate — urgent! guy says:"rate expires tom'w" "$11k closing costs are fixed"

July 11, 2010

so hard to sort this out: PLEASE help with opinion, advice, etc.: his calculations:

outstanding loan amt: 1, 363
current amex debt: 55; he suggests paying 5/month
discover card debt: ,960; pay 3/mo.
another amex: ,282; pay 109/mo. 36 mos@12%
a 3rd (!) amex: 13; pay 3/mo.36 mos@12%
total cards to consolidate: ,510
total debt consolidated: 0,873

closing costs ,000; loan total 1,873 @ 6% 30-yr. fixed; monthly paymt. (before taxes) 70

have been in house abt. 10 yrs.; loan amt. was 0,000 from another earlier refinance. house worth ca.600k

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What interest rate can I expect on a mortgage loan with my credit scores?

July 7, 2010

What interest rate can I expect on a mortgage loan with my credit scores?
Today I have 564 588 654…I am hoping to have my mid-score up 10 pts by tomorrow, and then i am applying for the loan with the bank. I want a fixed rate, 100% financing, 30 yr loan for 0,000. My income and debt ratios are good. I am closing on the Aug 6th. I have already had the house appraised at 2K, I am paying over K in closing costs, and the house has been inspected. This is my first home purchase, is there anything I am missing?

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